Quantitative Foundation
- Assets
- $101.5m
- Revenue
- -$10.4m
- Investments
- $100.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-3922404
Organization Overview
Quantitative Foundation is located in Philadelphia, PA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quantitative Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Quantitative Foundation has awarded 73 individual grants totaling $107,320,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William W Foshay III Executive Dir. | 15 | $95,405 | |
Gordon R Giuliano CFO | 15 | $63,603 | |
Francis Johnson Program Dir. | 20 | $31,801 | |
Christina Luke Asst. To COO | 20 | $28,621 | |
Jaffray P Woodriff Trustee | 5 | $0 | |
Ann Marie Park COO (as Of 8/31/2022) | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,675 |
| Dividends & Interest | $152,404 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,573,210 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,744 |
| Total Revenue | -$10,401,387 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $219,430 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $902 |
| Total operating and administrative expenses | $439,173 |
| Contributions, gifts, grants paid | $22,720,000 |
| Total expenses and disbursements | $23,159,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $392,943 |
| Savings and temporary cash investments | $236,801 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $100,911,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $101,541,098 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Quantitative Foundation has awarded $22,720,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VIRGINIA SCHOOL OF DATA SCIENCE PURPOSE: EDUCATION SUPPORT | $20,000,000 |
UNIVERSITY OF VIRGINIA PURPOSE: EDUCATION SUPPORT | $2,000,000 |
US SQUASH PURPOSE: SUPPORT FOR ATHLETICS | $250,000 |
Charlottesville, VA PURPOSE: GENERAL FUND | $175,000 |
Charlottesville, VA PURPOSE: EXPENDITURE RESPONSIBILITY GRANT | $50,000 |
Charlottesville, VA PURPOSE: GENERAL PURPOSE | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Gray Foundation Cohoes, NY | $79,676,216 | $85,340,733 |
Tl Foundation Suffern, NY | $597,015 | $24,643,909 |
Park Foundation Inc Ithaca, NY | $505,545,130 | $75,092,084 |
The Nathan Cummings Foundation Inc New York, NY | $538,275,709 | $724,216 |
Donald A Pels Charitable Tr 081892 Harrison, NY | $318,380,585 | $19,080,873 |
Walder Family Foundation Wilmington, DE | $215,951,796 | $11,130,940 |
Fisher Koch Family Foundation Inc New York, NY | $18,346,148 | $55,675,398 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Stephen A Schwarzman Education Foundation New York, NY | $9,777,313 | $26,526,711 |
King Street Charitable Tr New York, NY | $21,156,424 | $2,759,208 |